Overview of SBI Card Elite

Credit Card

SBI Card Elite is a lifestyle credit card which is a premium credit card that is issued by SBI. In order to enjoy huge luxury and privileges, SBI Card Elite offers many rewards and credit points when you are traveling, shopping, dining and much more. With the usage of SBI Card Elite, you enjoy SBI Card Elite reward points of Rs. 50,000 which is worth Rs. 12,500 per year. With the help of SBI Card Elite benefits, you enjoy a privileged lifestyle along with SBI Card Elite welcome gift, SBI Elite Card flight offers, SBI Elite Card hotel booking offer, SBI Card Elite movie ticket offer, SBI Card Elite e gift voucher, SBI Elite Card travel offers, SBI Card Elite Yatra offer, SBI Elite Card restaurant offers and what not. Are you worried about what will be SBI Card Elite credit limit? It’s quite simple. SBI Card Elite credit limit is dependent on your existing debts, credit history, income level and also credit score.

SBI Card Elite Features

The privilege of having a luxurious lifestyle is made easily viable with SBI Card Elite features and benefits. At the time of joining, you are gifted with SBI Elite Card e gift voucher as a welcome offer of Rs. 5000 amount. On top of that, you also can earn SBI Card Elite movie ticket offer every year of worth Rs. 6000.

SBI Card Elite features are explained below-

  • Based on SBI Card Elite details, you enjoy the benefit of the contactless facility. You just need to wave your credit card for your transactions without swiping it using SBI Card Elite advantage of the contactless option.
  • If you lost your card, then the replacement facility is provided under SBI Card Elite features even when you are traveling abroad.
  • SBI Card Elite features help in optimized saving while you are paying credit card bills. Just balance transfer the outstanding balance of other credit cards to SBI Credit Card Elite.
  • As an international credit card, SBI Card Elite benefits can be easily availed worldwide which is accepted over 24 million outlets.
  • With SBI Card Elite Visa privileges or MasterCard, you enjoy SBI Elite Card hotel offers and also complimentary golf course lessons.
  • SBI Card Elite features include fuel surcharge waiver of 1% given the condition that you purchase fuel of worth Rs. 500 to Rs. 4000.
  • In case of any fraudulent case, SBI Card Elite benefits Rs. 1 lakh as a liability coverage against fraud.
  • SBI Card Elite features offer ease of utility bill payments with the facility of using Easy Bill Pay.

SBI Card Elite Benefits

Welcome Gift

  • SBI Elite Card benefits new customers with a welcome e-gift of worth Rs. 5000.
  • After you pay the SBI Card Elite annual fee, you are offered to select from the e-voucher option within 15 days.

Annual Wee Waiver

  • If you annually spend more than Rs. 10 lakhs, SBI Card Elite annual fee will be waived off.

Milestone Privileges

  • If you annually spend Rs. 3 lakhs or Rs. 4 lakhs, then you can earn SBI Elite Card reward points value of 10,000.
  • Also, you can earn SBI Elite Card reward points value up to 50,000 of worth Rs. 12,500 per year.

Club Vistara Membership

  • SBI Elite Card offers 1 upgrade voucher and also 1 complimentary voucher of lounge access.
  • On every Rs. 100 spend on Vistara flights, SBI Card Elite benefits you with 9 club vistara points.
  • You get to enjoy silver membership for complimentary Club Vistara.

Concierge Service

  • Using SBI Elite Card features and benefits, you are provided with exclusive assistance with your travel, movies, shopping, dining and holiday packages.

Elite Rewards

  • On your each Rs. 100 spent other than the fuel, SBI Elite Card offers 2 reward points.
  • Also, if you use SBI Card Elite for dining or grocery purpose, then you get to earn 5X reward points.

Complimentary Movie Tickets

  • For entertainment purpose, SBI Card Elite benefits you with free movie tickets of Rs. 6000 each year.
  • To avail the above SBI Card Elite movie ticket offer, you need to book at least 2 tickets per booking each month.

Trident Privilege Membership

  • SBI Card Elite offers Red Tier membership which is a complimentary Trident Privilege.
  • On your first stay, SBI Elite Card hotel booking offers 1500 bonus points. If you extended your night stay, you also enjoy Rs. 1000 hotel credit.
  • To compliment your registration, you earn 1000 welcome points.

International Lounge Program

  • You can access worldwide access to almost 1000 airport lounges.
  • Each year, SBI Card Elite offers 6 complimentary visits to the airport lounge outside India.
  • With the usage of SBI Card Elite benefits, you get to enjoy complimentary membership to Priority Pass Program of worth $99.

Lowest Forex Markup

  • Based on each Rs. 100 that you spend on International transactions using SBI Elite Card, you enjoy 2 reward points.
  • If you use SBI Card Elite for international purpose, then you enjoy the advantage of 1.99% lowest charge for Foreign Currency Mark-Up.

Domestic Lounge Program

  • SBI Card Elite benefits you with 2 complimentary visits to the domestic airport in India every quarter.

SBI Card Elite Charges & Fees

Fees & Charges

Amount

Annual Fee

Rs. 4999

Renewal Fee

Up to Rs. 499 applicable from 2nd year onwards.

Card Replacement Fee

Rs. 100

Cash Withdrawal Fee

2.5% of the withdrawn amount. Rs. 300- the minimum amount (SBI or other ATMs)3% of the amount withdrawn, the minimum amt. is Rs. 300. (International ATMs)

Overlimit Fee

2.5% of over-limit amount where Rs. 500- the minimum amount

Rewards Redemption Fee

Rs. 100

Cheque Pickup Fee

Rs. 100

Late Payment Fee

  • Late Payment Fee
  • For amount due above Rs. 25,000- Rs. 950
  • For amount due lies between Rs. 10,000 to Rs. 25,000- Rs. 800
  • Amount due ranging between Rs. 1000 to Rs. 10,000- Rs. 600
  • Total amount due between Rs. 500 to Rs. 1000- Rs. 400
  • Total due amount lies between Rs. 200 to Rs. 500- Rs. 100
  • If the Total amount due ranging from Rs. 0 to Rs. 200- Nil

SBI Card Elite Eligibility

In order to avail SBI Card Elite advantages, you need to fulfill SBI Card Elite eligibility-

  • You must be a citizen of India.
  • Your applying age must lie between 21 to 65 years.
  • Minimum credit score of 750 or above.
  • For add-on facility, minimum age must be more than 15 years.

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